History

The Company was incorporated as an Argentine limited liability corporation (sociedad anónima) in 1945 under the name Frigorífico La Pampa S.A. In 2003, the former business activities, which were limited to the ownership and operation of a warehouse building, were suspended. In 2005, the Company was acquired by the principals of Grupo EMES (formerly Grupo Dolphin), an Argentine private equity group, to serve as a corporate vehicle for its investments in Argentina. The name was changed first to Pampa Holding S.A., and subsequently to Pampa Energía S.A., given the Company’s focus on the energy industry.

Since this change, it begins a story highlighting one goal: to become one of leading energy companies in Argentina. The following timeline summarizes the Company’s milestones:

Pampa places the Series 1 Corporate Bond (CB), which was dollar-denominated and bore interest at a fixed rate for a face value of US$750 million. The issuance price was 99.136% of the par value, at a 7.5% nominal fixed annual rate, yielding 7.625% and maturing 10 years as from issuance.

Commercial Commissioning of the first Wind Farm Engineer Mario Cebreiro with a 100 MW capacity, which given the technology and size, it is also the first project to reach such milestone under Renovar 1 program.